TreeHouse Foods (NYSE:THS) Upgraded at StockNews.com

StockNews.com upgraded shares of TreeHouse Foods (NYSE:THS - Free Report) from a sell rating to a hold rating in a research note issued to investors on Tuesday.

Other equities analysts also recently issued research reports about the company. Barclays boosted their price target on TreeHouse Foods from $32.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Friday, January 17th. Stifel Nicolaus boosted their price target on TreeHouse Foods from $32.00 to $35.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. Truist Financial lowered their price target on TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating on the stock in a research report on Wednesday, November 13th. Finally, Consumer Edge downgraded TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a research report on Friday, November 15th. Eight analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $34.83.

TreeHouse Foods Stock Up 0.1 %

Shares of NYSE:THS traded up $0.04 during midday trading on Tuesday, reaching $30.55. The company had a trading volume of 627,977 shares, compared to its average volume of 649,288. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90. The business's 50 day moving average price is $34.06 and its 200 day moving average price is $36.98. The stock has a market cap of $1.53 billion, a PE ratio of 56.58 and a beta of 0.22. TreeHouse Foods has a 1-year low of $28.04 and a 1-year high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). The company had revenue of $905.70 million during the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. TreeHouse Foods's revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 EPS. Research analysts forecast that TreeHouse Foods will post 1.94 EPS for the current fiscal year.

Institutional Investors Weigh In On TreeHouse Foods

Institutional investors have recently made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of TreeHouse Foods by 42.1% in the third quarter. Signaturefd LLC now owns 999 shares of the company's stock valued at $42,000 after buying an additional 296 shares during the period. Blue Trust Inc. grew its position in TreeHouse Foods by 456.7% during the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after buying an additional 918 shares in the last quarter. KBC Group NV grew its position in TreeHouse Foods by 40.9% during the third quarter. KBC Group NV now owns 1,943 shares of the company's stock worth $82,000 after buying an additional 564 shares in the last quarter. Sterling Capital Management LLC grew its position in TreeHouse Foods by 134.4% during the fourth quarter. Sterling Capital Management LLC now owns 2,374 shares of the company's stock worth $83,000 after buying an additional 1,361 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in TreeHouse Foods by 58.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock worth $142,000 after buying an additional 1,508 shares in the last quarter. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.